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TC Energy Corporation (TRP.TO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

CA87807B1076

CUSIP

87807B107

Sector

Energy

Highlights

Market Cap

CA$72.08B

EPS (TTM)

CA$4.04

PE Ratio

17.16

PEG Ratio

1.83

Total Revenue (TTM)

CA$12.98B

Gross Profit (TTM)

CA$6.19B

EBITDA (TTM)

CA$6.25B

Year Range

CA$44.17 - CA$70.88

Target Price

CA$73.00

Short %

4.19%

Short Ratio

7.06

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

TC Energy Corporation (TRP.TO) returned 4.61% year-to-date (YTD) and 53.21% over the past 12 months. Over the past 10 years, TRP.TO returned 9.14% annually, underperforming the S&P 500 benchmark at 10.88%.


TRP.TO

YTD

4.61%

1M

0.51%

6M

3.51%

1Y

53.21%

3Y*

8.01%

5Y*

10.94%

10Y*

9.14%

^GSPC (Benchmark)

YTD

0.68%

1M

7.17%

6M

-1.66%

1Y

11.63%

3Y*

12.51%

5Y*

14.34%

10Y*

10.88%

*Annualized

Monthly Returns

The table below presents the monthly returns of TRP.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-2.24%-1.13%6.27%2.49%-0.63%4.61%
20242.47%1.21%3.22%-9.40%6.57%0.50%13.04%6.48%4.55%10.58%5.40%-0.64%51.38%
20236.21%-5.27%-1.50%7.11%-6.16%3.12%-11.73%3.26%-2.42%2.25%6.55%3.51%3.03%
202211.58%3.75%4.84%-3.63%7.74%-7.71%2.38%-7.29%-10.70%7.55%-0.40%-7.91%-2.77%
20215.91%-2.76%9.68%5.55%0.18%2.12%-0.85%-1.51%3.18%9.83%-10.50%-0.38%20.35%
20204.93%-3.60%-9.33%2.41%-3.14%-5.18%5.26%-0.10%-7.07%-6.19%8.94%-8.00%-20.74%
201914.63%5.32%3.26%6.53%3.05%-0.32%-0.46%5.57%1.66%-3.22%1.22%4.03%48.50%
2018-7.44%-2.00%-2.72%2.18%-0.29%6.07%2.87%-5.01%-4.73%-5.01%9.69%-9.20%-16.00%
20171.40%-0.54%1.53%3.28%-1.06%-0.43%3.04%-0.46%-1.76%-0.68%1.03%-0.11%5.23%
20167.66%2.06%4.01%2.04%4.30%8.65%3.56%-1.77%5.74%-2.55%-0.64%1.29%39.40%
2015-0.98%-3.10%-0.21%3.40%-3.75%-4.90%0.14%-9.70%-6.96%4.27%-4.23%8.47%-17.42%
2014-0.25%0.66%4.10%1.65%-1.17%1.86%7.40%6.82%-0.46%-3.69%-1.98%5.76%21.94%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 97, TRP.TO is among the top 3% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of TRP.TO is 9797
Overall Rank
The Sharpe Ratio Rank of TRP.TO is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of TRP.TO is 9797
Sortino Ratio Rank
The Omega Ratio Rank of TRP.TO is 9696
Omega Ratio Rank
The Calmar Ratio Rank of TRP.TO is 9595
Calmar Ratio Rank
The Martin Ratio Rank of TRP.TO is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for TC Energy Corporation (TRP.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

TC Energy Corporation Sharpe ratios as of May 28, 2025 (values are recalculated daily):

  • 1-Year: 2.80
  • 5-Year: 0.53
  • 10-Year: 0.39
  • All Time: 0.50

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of TC Energy Corporation compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

TC Energy Corporation provided a 4.94% dividend yield over the last twelve months, with an annual payout of CA$3.42 per share. The company has been increasing its dividends for 24 consecutive years.


3.00%4.00%5.00%6.00%7.00%CA$0.00CA$0.50CA$1.00CA$1.50CA$2.00CA$2.50CA$3.00CA$3.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
DividendCA$3.42CA$3.44CA$3.39CA$3.28CA$3.17CA$2.95CA$2.73CA$2.52CA$2.28CA$2.06CA$1.90CA$1.75

Dividend yield

4.94%5.14%7.18%6.67%5.91%6.26%4.34%5.67%4.09%3.74%4.61%3.37%

Monthly Dividends

The table displays the monthly dividend distributions for TC Energy Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025CA$0.00CA$0.00CA$0.85CA$0.00CA$0.00CA$0.85
2024CA$0.00CA$0.00CA$0.87CA$0.00CA$0.00CA$0.87CA$0.00CA$0.00CA$0.87CA$0.00CA$0.00CA$0.82CA$3.44
2023CA$0.00CA$0.00CA$0.85CA$0.00CA$0.00CA$0.85CA$0.00CA$0.00CA$0.85CA$0.00CA$0.00CA$0.85CA$3.39
2022CA$0.00CA$0.00CA$0.82CA$0.00CA$0.00CA$0.82CA$0.00CA$0.00CA$0.82CA$0.00CA$0.00CA$0.82CA$3.28
2021CA$0.00CA$0.00CA$0.79CA$0.00CA$0.00CA$0.79CA$0.00CA$0.00CA$0.79CA$0.00CA$0.00CA$0.79CA$3.17
2020CA$0.00CA$0.00CA$0.74CA$0.00CA$0.00CA$0.74CA$0.00CA$0.00CA$0.74CA$0.00CA$0.00CA$0.74CA$2.95
2019CA$0.00CA$0.00CA$0.68CA$0.00CA$0.00CA$0.68CA$0.00CA$0.00CA$0.68CA$0.00CA$0.00CA$0.68CA$2.73
2018CA$0.00CA$0.00CA$0.63CA$0.00CA$0.00CA$0.63CA$0.00CA$0.00CA$0.63CA$0.00CA$0.00CA$0.63CA$2.52
2017CA$0.00CA$0.00CA$0.57CA$0.00CA$0.00CA$0.57CA$0.00CA$0.00CA$0.57CA$0.00CA$0.00CA$0.57CA$2.28
2016CA$0.00CA$0.00CA$0.52CA$0.00CA$0.00CA$0.52CA$0.00CA$0.00CA$0.52CA$0.00CA$0.00CA$0.52CA$2.06
2015CA$0.00CA$0.00CA$0.47CA$0.00CA$0.00CA$0.47CA$0.00CA$0.00CA$0.47CA$0.00CA$0.00CA$0.47CA$1.90
2014CA$0.44CA$0.00CA$0.00CA$0.44CA$0.00CA$0.00CA$0.44CA$0.00CA$0.00CA$0.44CA$1.75

Dividend Yield & Payout


Dividend Yield

TC Energy Corporation has a dividend yield of 4.94%, which is quite average when compared to the overall market.

Payout Ratio

TC Energy Corporation has a payout ratio of 86.16%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the TC Energy Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the TC Energy Corporation was 60.13%, occurring on Feb 29, 2000. Recovery took 500 trading sessions.

The current TC Energy Corporation drawdown is 2.01%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.13%Jun 5, 1998428Feb 29, 2000500Mar 1, 2002928
-36.3%Feb 21, 202022Mar 23, 2020485Feb 28, 2022507
-33.81%Jun 3, 2022290Jul 28, 2023278Sep 9, 2024568
-29.89%Sep 22, 2014306Dec 8, 2015134Jun 21, 2016440
-26.32%Aug 29, 2008129Mar 5, 2009265Mar 25, 2010394
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of TC Energy Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of TC Energy Corporation, comparing actual results with analytics estimates. In the past quarter, the company did not meet analyst expectations for EPS, resulting in a surprise of -2.5%.


0.901.001.101.201.3020212022202320242025
0.95
0.97
Actual
Estimate

Valuation

The Valuation section provides an overview of how TC Energy Corporation is priced in the market compared to other companies in the Oil & Gas Midstream industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for TRP.TO, comparing it with other companies in the Oil & Gas Midstream industry. Currently, TRP.TO has a P/E ratio of 17.2. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for TRP.TO compared to other companies in the Oil & Gas Midstream industry. TRP.TO currently has a PEG ratio of 1.8. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for TRP.TO relative to other companies in the Oil & Gas Midstream industry. Currently, TRP.TO has a P/S ratio of 5.2. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for TRP.TO in comparison with other companies in the Oil & Gas Midstream industry. Currently, TRP.TO has a P/B value of 2.9. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items